Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US DATA
- ISM manufacturing beat expectations as it increased to 49.1 (cons 47.2) in Jan after a downward revised 47.1 (initial 47.4), its highest since Oct’22 but still having remained in contraction territory ever since.
- Prices paid notably stronger than expected at 52.9 (cons 46.9) after 45.2, the highest since 53.2 in Apr’23 (tallying with the earlier PMI selling prices) and before that Jul’22.
- There was also surprise strength in new orders at 52.5 (cons 48.2) after 47.0, its highest since May’22 and the strongest monthly increase since Oct’20.
- The new orders to inventories differential has been pointing to upside for manufacturing activity for some time, and again increased 3pts to 6.3 for its highest since Feb’22.
- Employment was as expected at 47.1 after a downward revised 47.5, with no significant implications for tomorrow’s payrolls report.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok